The morning news. [volume] (Savannah, Ga.) 1887-1900, 1887-12-10
COMMERCIAL.
SAVANNAH MARKET.
WEEKLY REPORT
OFFICE OF THE MORNING NEWS.
SAVANNAH, Ga, Dec, Q, 1887.

" -,
SAVANNAH. Ga, Dec, 9, 1887.
GENERAL. REMARKs-The general market
during the past week has not shown any essen
tial changes 1t has continued quiet for the lead
ing staples with but little moving Naturally
the attention of buyers has been largely
given to goods for the HOLIDAYS
after which the distribution from Job
bers' hands has been on very liberal
scale. Outside of this business all around was
rather tame. In most departments trading is
confined to actual wants, and in the general ag-
gregate the amount of merchandise moving is
falling off. Values have been quite steady.
with few important changes, except the
firmness exhibited in food products and
the further advance in bacon corn and -four
The most activity in any of the iobbng branches
was felt in groceries, the demand from the in
terror being very steady, while the local INQUIRY
rs beginning TO move in preparation for the
holidays, Dry goods there is very light re
assortment trade in progress. In all other de-
partments there is no special feature in the de-
mand and shipments, and it continues in
about the same volume as for several weeks
past. Collections are rather slow as usual
The money market is easy, although there is
very heavy demand for it. Exchange is easier
both for foreign and domestic. There is moth
for the most part nominal for lack of offerings
of all desirable stocks aud bonds for invest
ment. The only feature of the week was the
semi-annual dividend of per cent. by the Cen
trail Railroad and Banking Company. The fol-
lowing resume of the weeks business will show
the tone and latest quotations of he different
markets at the close to-day:
NAVAL SToREs-The market for spirits tur.
pentine quiet throughout the week. and
prices sold down 14c, though they closed firm at
size for regulars. There was pretty steady
demand which was freely met. The total sales
for the week were about 800 casks. Rosin, a
very quiet market has prevailed
with the common grades weak and lower There
was fair demand, and fully 1900 barrels
were disposed of during the week. In another
column will be found a weekly comparative
statement of receipts and exports from the be-
ginning of the season to date, and for the
same period last year. showing the stocks on
hand and on shipboard not cleared together
with the official closing quotations.
RIcE-The market is without special change
during the past week and was nolninallv steady
There were pretty free offerings and to effect
sales of round lots holders would have to afford
considerable concessions as it was, the bulk of
the sales were fractionally lower than the cur
rent quotations on some grades. The better
qualities continue somewhat scarce. The total
sales for the week were about 1 200 barrels The
following are the official quotations of the
1s014c. higher.
tdlr .4I66n5
Good ACKNOWLEDGEMENTS. .516@54
Prime Observation-Disclosures. .....53S@5T
Rough
TIDE water. .......................S1 1501 30
Country lots. OBSERVATION-DISCLOSURES. 9501 10
COTTON. The market was rather dull during
the past week. Buyers as a rule were without
orders, while not few of the heaviest exporters
have considerable stocks banked up which were
purchased ahead in anticipation of orders
There is altogether doubt and uncer-
tainty as TO the size of the
present crop and the numerous estimates made
up by the different authorities have excited some
dstrust in European markets. Prices for the
better grades were comparatively steady. but
the lower grades were reduced 1-1665-16c all
around, they being proportonately higher than
New York The total sales for the week were
Also bales. The following are the official
closing spot quotations of the Cotton Elk
change:
Good middling ........................9 1916
Mlddllng ;:..... ........--.... 99s
Low nlddnhg ..............., "a
GOOD ordinary ACKNOWLEDGEMENTS. So
ordinary. ....-.-........... ...... 81
Sea IslGnGS-The receipts for the week up to
4p m, as reported by factors, were ,134 bags
and the sales for the same time were 60 bags,
leaving the stock at 6,S57 bags The market
was very dull and more or less nominal during
the week. and the above business was on the
basis of slightly easier prices as follows:
Common Floridas, 80 nominal.
Medium Florida $500. .................2 116N22
Medium fine Florida ............... 22@2216
Fine Florida. Observation-Disclosures. 23G1 2315
Extra fine Florida. ...................2 316C04
The receipts of cotton at this port from all
sources the past week were 32577 bales of up
land and 1874 bales island, against 30, 23S
bales of upland, and 2155 bales sea island last
year.
The particulars of the receipts have been as
follows: Per Central railroad. 26,745 bales up
land; per Savannah, Florida and Western Rail
way, 1856 bales upland and S57 bales
sea island; per Charleston and Savannah rail
road. rs bales upland; per Savannah river
steamers, 459 bales upland; per Florida steam
ers, 40 bales upland and 127 bales sea island
per Brunswick and Satilla river steamers, 312
bales upland and Is bales sea island; per carts
rs bales upland and 1875 bales sea island; per
various sources, bales sea island per Darien
and Altamaha steamers, 62 bales upland and 4
bales sea island.
The exports for the week were 90, 1873 bales of
upland and 500 bales sea island, moving as fol
lows: to Philadelphia, 917 bales upland; to New
York, 1857 bales upland and 800 bales sea
island; to Boston, 1855 bales upland; to
Baltimore, 2,117 bales upland; to Charles
ton, AS bales upland; to Liverpool. 9679 bales
upland; to Bremen. $3.50 bales upland.
The stock on hand to-day was 1l1 157 bales I'D